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When Gary Oldman extracted his trial balance at 3 1 May 2 0 2 2 he opened a suspense account, as the total of the
When Gary Oldman extracted his trial balance at May he opened a suspense account, as the total of the debit balances was $ less than the total of the credit balances.
He then discovered that:
i he had recorded $ cash drawing on the debit side of the Capital Account and on the credit side of the cash account
ii a cash sale for $ had been correctly recorded in the cash account, but no other entry had been made.
iii the payment of electricity bill by cheque $ was recorded in the electricity Expense Account.
Suspense Account
Ref
Details
$
Ref
Details
$
Balance bf diff on TB
Balance bf
When these errors are corrected, what will the debit balance on the suspense account be
$
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